William "Bill" Means

Obituary
  • - Toni
  • "Sheila, I am very sorry for your loss. You and your family..."
  • "Shiela and boys, we are so sorry for your loss. Our..."

William (Bill) Means passed away peacefully in the early hours of December 21, 2017 on Camano Island, Washington, his home for the last 16 years. He was 81.
Bill was born to Madeleine and Lloyd Earl Means in Ventura, California. His early life was deeply affected by World War 2, as his father, an electrical engineer, worked on important projects in Arizona, Tennessee, New Mexico, and California. The frequent moves relating to Lloyd's work meant that, by the time Bill reached high school, he had already attended 15 different schools. He graduated from Mark Keppel High School in Alhambra, California, in 1955 and then attended Stanford University.
In 1960 Bill joined Security Pacific National Bank, Los Angeles, as a trainee, learning all aspects of banking operations. He was responsible for accounting and confirmations of the bank's investment transactions. He then worked in managing the assets of Security Pacific and trained as an officer in charge of all aspects of banking operations.
In 1973, he arrived in Juneau as Senior Portfolio Investment Officer for the Alaska State Department of Revenue. In that capacity, he managed the assets of the State of Alaska general fund, retirement systems, and numerous other state funds. Upon the creation of the Alaska Permanent Fund, he assumed responsibility for the investment management of the Fund within the Department of Revenue. In 1983, the Governor appointed David Rose as the first Executive Director of the Alaska Permanent Fund Corporation. Mr. Rose immediately asked Bill to become the first Chief Investment Officer at the Corporation. In his new capacity, Bill was responsible for managing the assets of the Alaska Permanent Fund, as well as working with the Executive Director and the Board of Trustees to establish policies to ensure the long-term success of the Permanent Fund. Bill remained with the Permanent Fund until his retirement. He was later given the opportunity to become a board member for several mutual funds.
In 1978, Bill married Sheila Darby, whom he met on the Alaska State ferry, "Malaspina." They have two sons: John (Cindy) and Mark; and two granddaughters, Izabella and Hailee.
Memorial services were held at Trinity Anglican Church in Mount Vernon, Washington on December 28, 2017.
The family may be reached at 26910 92nd. Ave. NW, C5-434, Stanwood WA 98292.
Published in The Juneau Empire from Feb. 7 to Mar. 6, 2018